Brief: Atari H1 Current Operating Loss Widens To 2.8 Million Euros

Atari SA

18/01/2022 08:40

Jan 18 (Reuters) - Atari  ATAR.PA :
    * RESULTS OF THE FIRST HALF OF 2021-2022
    * FOR THE FIRST HALF OF THE FINANCIAL YEAR 2021-2022 (APRIL
1 TO
SEPTEMBER 30, 2020), THE ATARI GROUP RECORDED REVENUE OF 6.0 M€
    * THE GROSS MARGIN LEVEL STANDS AT 56% OF TURNOVER DURING
THE
PERIOD COMPARED TO 81% FOR THE PREVIOUS PERIOD
    * R&D EXPENSES ARE 13.4% LOWER DUE TO A REDUCTION IN THE
AMORTIZATION EXPENSES RELATED TO R&D CAPITALIZED IN PREVIOUS
YEARS
    * THE GROUP GENERATED A CURRENT OPERATING PROFIT OF -2.8 M€
DURING
THE FIRST HALF OF 2021-2022, COMPARED TO -1.2 M€ IN THE FIRST
HALF OF 2020-2021
    * H1 NET INCOME OF THE CONSOLIDATED ENTITIES THUS AMOUNTS TO
-3.5M€, COMPARED TO -1.4M€ FOR THE FIRST HALF OF 2020-2021
    * OUTLOOK FOR 2022 : THE GROUP IS TARGETING IMPROVED
FINANCIAL
PERFORMANCE IN THE SECOND SEMESTER OVER THE FIRST SIX MONTHS OF
THE FISCAL YEAR

    
    
    
 Source : https://bit.ly/3ruYLvl
 Further company coverage:  ATAR.PA  

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